0001111830-12-000693 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • September 14th, 2012 • Cm Advisors Family of Funds • Delaware

This Agreement is made and entered into this ___ day of December, 2012, by and between the CM Advisors Family of Funds, a Delaware statutory trust (the "Trust") on behalf of the CM Advisors Micro Cap Value Fund, a series of shares of the Trust (the "Fund"), and Van Den Berg Management I, Inc. d/b/a CM Fund Advisors, a Texas corporation (hereinafter referred to as "Advisor").

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EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • September 14th, 2012 • Cm Advisors Family of Funds

This Agreement is made and entered into effective this ___ day of December, 2012, by and between the CM Advisors Micro Cap Value Fund (the "Fund"), a series of shares of the CM Advisors Family of Funds, a Delaware statutory trust (the "Trust") and Van Den Berg Management I, Inc. d/b/a CM Fund Advisors, a Texas corporation (the "Advisor").

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